NOT LISTED FOR SALE

Estimated Value: $399,000 - $470,000

75.6 Acres
$5,599 Price per Acre
3,293,136 Sq Ft Lot

Sale Details

Date Sold: October 31, 2024

Last sale price $384,000 $130 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,097 / mo

78 Days on Market

About This Lot

As of October 2024

75.6 Acres of Land for Sale in Connecticut overlooking 3 Rivers. This Property has Mature Trees, Paved Road Access, Power, Internet, Water, Sewer & Natural Gas Lines in multiple locations along the Property. The Property is located in City of Norwich, CT, which has a population of 40,000. The 3 Rivers that converge near the Property are the Shetucket, the Yantic and the Thames. The Thanes River will take you South to Long Island Sound, which is 15 miles from the Property along the Thames River. From Long Island Sound you may enter the Atlantic Ocean. Parcel Size: 75.6 Acres M/L LANDIO Property ID: CT_New-London_00002 Elevation: 40 - 240 feet Title: Free & Clear Conveyance: Warranty Deed

Last Agent to Sell the Property

Alexander Botchis

Real Broker CT, LLC License #RES.0826144 Listed on: 06/13/2024

Real Broker CT, LLC

Last Buyer's Agent

Joscelyn McPherson

Priority Real Estate Group,LLC License #RES.0809214

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,665

Lot Details

  • 75.6 Acre Lot
  • The property's road front is unimproved
  • Property is zoned R40/R20

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2636601

Property Details

Property Type

Land

Est. Annual Taxes

$9,665

Lot Details

75.6 Acres

Listing Details

  • Neighborhood: Laurel Hill
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Take Exit 9 off 395 N - Follow 2A to Light - Take left and follow RD straight to Laurel Hill Rd - Follow Laurel Hill Rd until you reach Winchester RD - Turn Right and follow to Spruce St - Turn Right - Property will be on the Left
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Exterior Features

  • Waterfront Description: Access
  • Road Frontage Description: Paved Road, Unimproved Road

Utilities

  • Water Source: Other
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable Available, Electric Available, Gas Available, Phone Available

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 75.6
  • Lot Description: Lightly Wooded Treed
  • Lot Improvements: None
  • Lots Number Of: 1
  • Zoning: R40/R20
  • Parcel #: 2636601

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9665

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 29, 2024
Sold by
Lemarco Development Llc
Bought by
Shamsis Farm Llc
Seller's Agent
Alexander Botchis
Real Broker CT, LLC
Buyer's Agent
Joscelyn McPherson
Priority Real Estate Group,LLC
List Price
$500,000
Sold Price
$384,000
Premium/Discount to List
-$116,000
-23.2%
Views
34
Current Estimated Value
$423,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,281
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Nov 6, 2023
Sold by
Proverbs Real Estate Llc
Bought by
Lemarco Development Llc

Purchase Details

Closed on
Jul 6, 2023
Sold by
Cabral Linda
Bought by
Proverbs Real Estate Llc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Tetreault Alfred
Bought by
Cabral Linda and Duff Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,726
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Mcnaughton Michael D and Mcnaughton Lena E
Bought by
Tetreault Alfred G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shamsis Farm Llc $384,000 None Available
Shamsis Farm Llc $384,000 None Available
Shamsis Farm Llc $384,000 None Available
Lemarco Development Llc $350,000 None Available
Lemarco Development Llc $350,000 None Available
Lemarco Development Llc $350,000 None Available
Proverbs Real Estate Llc $99,900 None Available
Proverbs Real Estate Llc $99,900 None Available
Proverbs Real Estate Llc $99,900 None Available
Cabral Linda $250,000 --
Cabral Linda $250,000 --
Tetreault Alfred G $215,000 --
Tetreault Alfred G $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tetreault Alfred G $75,000
Previous Owner Tetreault Alfred G $47,726
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $384,000 -14.7% $130 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $450,000 -10.0% $153 / Sq Ft
06/14/2024 06/14/24 For Sale $500,000 -- $170 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,239 $253,000 $253,000 $0
2024 $9,665 $253,000 $253,000 $0
2023 $2,393 $49,200 $49,200 $0
2022 $2,385 $49,200 $49,200 $0
2021 $2,393 $49,200 $49,200 $0
2020 $2,385 $49,200 $49,200 $0
2019 $2,361 $49,200 $49,200 $0
2018 $2,061 $42,600 $42,600 $0
2017 $2,076 $42,600 $42,600 $0
2016 $6,157 $125,500 $28,400 $97,100
2015 $6,032 $125,500 $28,400 $97,100
2014 $5,764 $125,500 $28,400 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24025315

SmartMLS

APN: NORW-000118-000003-000004

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